by Jodi Summers Back in the days before airplanes and ubiquitous automobiles, people didn’t travel very far. Life on the farm kept them busy enough, and except for the occasional foray into town for supplies, or friend’s house for parlor games, you seldom went very far. It was an efficient and inexpensive lifestyle that allowed […]

For many, buying a home is the largest purchase they’ll make in in their lifetime. Saving for the down payment is a challenge for some – and some age groups find it easier than others. Here is an overview on financial fitness by generations. Save

by Jodi Summers We know commercial real estate in Inglewood. We’ve been buying and selling it since the last millennium.  It was a bit of a struggle since the City of Champions lost the Lakers to the Staples Center, but the City of Inglewood is known for reinventing itself. The history of Inglewood dates back […]

LEGALIZED MARIJUANA AND INDUSTRIAL REAL ESTATE Jodi Summers Broker Associate Sotheby’s International Realty jodi@jodisummers.com www.SoCalIndustrialRealEstateBlog.com

by Jodi Summers Next year, California is going to get legal marijuana, and both industrial and retail real estate sectors stand to benefit from pot’s legalization. Now the big project is for users and investors to find properties in legally acceptable locations. “Marijuana legalization is a boost to industrial absorption in the states that legalize […]

by Jodi Summers Ice Ice Baby. Back in 1990, everyone was talking about Julia Roberts in the movie Pretty Woman. Just fewer than 30 million people lived in California (compared to more than 37.25 million today) and everybody is boasting about their Acura Legend or Mazda Miata. The California Air Resources Board’s plan to reduce […]

Special thanks to Benjamin Pezzillo of https://pactriglo.com/ for providing this summary and original document. Recently passed Senate Bill 1069 is a move to help ease California’s housing crisis, making “granny units” easier and less expensive to build throughout the state. The new Accessory Dwelling Units (ADUs) can potentially save thousands of dollars in fees and […]

by Jodi Summers Silicon Beach with a view…that’s what they call Playa Vista. It used to be that the incorporated city of Santa Monica was the gem in the crown – great location, better services, name recognition…rents about $4/sf, but since the rise of Silicon Beach, such is not the case. Culver City is now […]

by Jodi Summers Watch our Metro grow. In the most recent presidential elections, LA approved Measure M – the half-cent sales tax increase to fund new public transit projects and infrastructure improvements. Here’s our metro – now and future… As an FYI, Angelinos spend an average of 81 hours a year stuck in traffic. Currently, […]

by Jodi Summers Have neighborhood rents finally topped out? Los Angeles’ high rents are impacting the city’s demographics, as young people leave the city for more affordable metros elsewhere in the country. A new report from Apartment List analyzed the Census data of 18- to 34-year olds from 2005 to 2015 and found the number […]

by Jodi Summers Woo Hoo! Santa Monica’s recently developed Ocean Avenue South has been honored as a 2016 ULI Global Award for Excellence winner. The residential mixed-use, mixed-income development was one of 11 real estate development projects from around the globe. The ULI 2016 Global Awards for Excellence is one of the land use industry’s […]